Leeds launches 5-year fixed rate bond
Leeds Building Society has unveiled a 5-Year Fixed Rate Bond at 3.00% gross p.a./ AER, which allows penalty free access of up to 25%.
This account has a minimum investment of only £100 and a maximum investment of £1,000,000 (£2,000,000 for joint accounts).
Kim Rebecchi, Leeds Building Society Sales & Marketing Director commented:
“We know that savers are looking for value and security, and this competitive product at 3% offers the peace of mind of penalty free access to 25% of the funds without notice or penalty. This is in contrast to many other products in the market.
“We expect the combination of a competitive return and penalty free access to be popular, and I would urge savers to act quickly as there is a limited tranche available.”
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